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Magazine publishers in the USA have been
using circulation modelling techniques for many years:
Alan Weaver Associates was
Lighthouse’s partner in Europe. We customised their circulation
models for European publishers and we provided technical support and
user training. Early clients included The Economist, Time Inc,
Newsweek, Reed-Elsevier, Verlagsgruppe Handelsblatt and L'Express.
By the early 1990s Lighthouse had
continued to grow very quickly but overtraded, ran out of cash and was acquired
by Neodata. The new owners closed down the company and began to sell the
circulation models alongside their existing fulfilment bureau
services, though now with
much-reduced levels of marketing and technical support. We did
not continue our partnership arrangement with the new owners.
In the mid 1990s we decided to
develop The Weaver Publishing Model. We wanted to maintain the
Lighthouse traditions of circulation modelling, which were:
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Worksheet
based (making the models easy to use and amend)
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All calculations are visible and
auditable
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Easy to import and export data
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Using graphs to visualise the effects
of additional promotion campaigns
...and we wanted to remove
Lighthouse’s weaknesses, which were:
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All the calculations were on a
single worksheet
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There were numerous non-adjacent
data entry cells
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There was only one first-time
renewal group and only one second- and subsequent-time renewal
group
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There was no support for
auto-renewals (such as Direct
Debits) or multi-currency payments
We developed early prototype models
for Euromoney, William Reed Publishing and The Wireless Group, and
started beta testing in 2001 with installations at EMAP Communications,
BBC Worldwide and London Review of Books.
The three test sites have used The Weaver
Publishing Model to create their subscription budgets for the last five
financial years. All the calculations have been audited and the numbers
reconciled with their previous budget models.
At the start of 2007, 14 of the
leading publishers in the UK use The Weaver Publishing Model for
their budgeting and forecasting.
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